B
Auto Club Ins Assn
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (3.8) with operating losses during 2022 and 2023. Return on equity has been low, averaging 1.2% over the past five years. Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors: Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (8.1). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors: F - Negative cash flow.
Principal Lines of Business: Personal/comm auto (67.2%), homeowners (28.6%), comm multi (1.7%), work comp (0.4%), farmowners (0.4%), other (1.6%)
Licensed in: IL, MI, MN, ND, NE, NY, PA, WI
Principal Investments: Common stock (27.0%), investment grade bonds (24.5%), non investment grade bonds (2.7%), real estate (0.7%), preferred stock (0.5%), other (44.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Auto Club Ins Association Group
Investment Rating
--
Company Address
One Auto Club Drive
Dearborn, MI 48126
Phone Number
(313) 336-1234
NAIC Number
21202
Largest Affiliates
C
Dearborn, MI - L&A
B
Tampa, FL - P&C
B
Dearborn, MI - P&C
B
Dearborn, MI - P&C
B
Tampa, FL - P&C